Discussion in 'Current Events' started by Truthmatters, Nov 29, 2012.
Is the California economy finally turning a corner? - CSMonitor.com
Down from $25 Billion to less that $2 Billion ... great.
thank Jerry Brown
About the Legislative Analyst's Office
what are you claiming this is NOT good news?
Nope, I'm saying its bullshit.
please explain why these numbers are considered bullshit by you people?
is it just your partisan hackery causing you to deny facts?
“California is the whale in the bathtub of the American economy. Signs of economic improvement in California have important positive national implications,” says Steven Schier, a political scientist at Carleton College in Northfield, Minn. “Given that the state's economy has been even more depressed than that of the nation as a whole, signs of a California rebound are quite positive for the country as a whole.”
Bond-rating firms have also weighed in, noting the $6 billion in additional annual revenues that are projected through 2016-17 because of Prop. 30. “California credit quality looks to improve with passage of Proposition 30,” says a Nov. 7 analysis by Standard & Poor’s
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